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Bangladesh tea prices up on strong winter demand DHAKA: Tea prices in Bangladesh rose at the weekly auction on Tuesday, due to a drop in supply amid good demand for the winter season.Bangladeshi tea fetched an average 192.54 taka ($2.44) per kg at the twenty-seventh auction of the current marketing season, compared with 189.11 taka at the previous sale, an executive with National Brokers said.About 2.03 million kg were offered at the sole auction centre in Chittagong, of which 13.76 percent was unsold. In the previous auction, about 6.5 percent of the 2.14 million kg offered went unsold.There was strong demand as buyers wanted to stock up for the winter season amid lower supplies at the auction, aiding a pick-up in prices, the executive said, adding that sales volume dropped, though, on a larger quantity of poor grade leaf.Typically demand for tea rises in Bangladesh during the winter.The national budget for the 2015/16 fiscal year that started in ...

TOCOM slides as Paris attacks send shares down TOKYO: Benchmark Tokyo rubber futures slid on Monday, dragged down by slumping Tokyo share prices and a stronger yen after suspected Islamist militants launched coordinated attacks across Paris that killed more than 130 people late last week.The Tokyo Commodity Exchange (TOCOM) rubber contract for April delivery finished 3.7 yen lower at 156.1 yen ($1.27) per kg.French police raided homes of suspected Islamist militants across the country overnight in the aftermath of the Paris shootings, French ...
India's Sept tea output drops 5.4pc y/y: Board MUMBAI: India's tea production in September dropped 5.4 percent from a year earlier to 148.81 million kg as adverse weather affected plucking in the key north-eastern region, the state-run Tea Board said in a statement.Production in West Bengal dropped 13.5 percent from a year earlier to 39.24 million kg, while output in southern India dropped 7.33 percent to 18.34 million kg, the board said.India, the world's second biggest tea producer, exports CTC (crush-tear-curl) grade mainly ...
Palm oil falls on slow-moving demand KUALA LUMPUR: Malaysian palm oil futures dropped for a second straight session on Monday due to slow-moving demand amid higher production, although a weaker ringgit, higher crude oil prices and improving exports limited falls.The February benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange had fallen 1.8 percent to 2,301 ringgit ($525.22) a tonne by the end of the trading session."There's external weakness to the market, production is still high and demand is slow ...
Indonesia's 2016 raw sugar imports seen up 5 percent y/y: industry JAKARTA: Indonesia's overseas purchases of raw sugar will rise 5 percent next year due to growing demand from the food and beverages sectors, an industry group said on Monday.Higher purchases by the world's No.2 importer, which has been aggressively pursuing food self-sufficiency policies, could underpin global raw sugar prices that hit a 10-month top in November amid worries the world market was shifting into a deficit after several years of surpluses.Indonesia's raw sugar imports are ...
Palm oil falls on weak demand, high inventories KUALA LUMPUR: Malaysian palm oil futures fell on Friday, weighed down by weaker-than-expected export data and on high inventories, but a weaker ringgit provided some support.The January benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange fell about 2 percent to 2,286 ringgit ($523.11) a tonne, its lowest in over a week."Palm is range bound, exports are still not very good, which surprises a lot of people. It should improve in the second half ...
Spot gold may bounce to $1,092 SINGAPORE: Spot gold may bounce to $1,092 per ounce, as it seems to have found a support around the July 24 low of $1,077. The metal's brief piercing below the support suggests this support has temporarily stopped the fall. The bullish divergence on the hourly RSI suggests gold has become technically very strong and a bounce could be due. The immediate bounce target will be at $1,092, the 86.4 percent retracement on the rise from ...


Index Closing Chg%
Arrow DJIA 17,812.19 0.11
Arrow Nasdaq 5,102.81 0.01
Arrow S&P 2,089.14 0.12
Arrow FTSE 6,277.23 0.45
Arrow DAX 10,933.99 1.43
Arrow CAC-40 4,820.28 1.41
Arrow Nikkei 19,879.81 0.23
Arrow H.Seng 22,587.63 0.35
Arrow Sensex 25,775.74 0.17

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln